North Pole Studio

Analysis

North Pole Studio is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 2021, 5 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, North Pole Studio reported income of $662k and spending of $509k, leaving 23% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $220k to $662k (+201%), an average of +74% a year. The sharpest change came in the year to December 2022, when income rose by 83%. Over the whole period it spent 78% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, North Pole Studio sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within OR. Charities of a similar size with the same main cause include BFF Omaha Inc ($661k), Rockford Area Arts Council ($662k) and Alliance Francaise de Los Angeles ($661k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $77k (15% of expenses). Other salaries and wages came to $159k. At year end it held assets of $360k against liabilities of $0, net assets of $360k. It reported 8 employees.